Autonomous, connectivity and HMI activities of Western suppliers - Part 4
Valeo shows ADAS leadership, Faurecia develops Cockpit of the Future, Lear acquires Xevo
|Valeo Scala 2 lidar system|
While all three companies focus on vehicle interior development to various degrees, Valeo, Faurecia and Lear have differing strategies regarding the development of current automotive trends. Valeo emphasizes the development of ADAS technologies. From 2017 to 2019, Valeo invested EUR 500 million for the development of several technological platforms including ADAS systems such as front-facing cameras, driver monitoring systems, autonomous pods and Scala lidar systems. Due to this investment, Valeo is a leader in the ADAS market. Outside of autonomous systems, Valeo’s Comfort & Driving Assistance Systems Business Group also develops connectivity systems and AI-based technologies.
Faurecia is focused on developing the Cockpit of the Future that integrates technologies such as displays, smart controls and intelligent seating that can be individually personalized. In March 2019, Faurecia acquired Clarion and integrated its electronics capabilities into its portfolio. The newly created Faurecia Clarion Electronics division focuses on ADAS functionalities and low-speed autonomous systems, such as autonomous parking, as well as vehicle displays.
Lear focuses primarily on connectivity as its E-Systems segment portfolio includes communication and gateway modules, cybersecurity software, vehicle positioning modules, roadside infrastructure systems and various commerce and service platforms. Lear acquired Xevo Inc., a connected-car software supplier, in April 2019. In January 2019, Lear launched its Innovation Ventures Possibilities division to invest in start-ups that develop innovative technologies. Lear has also invested in venture capital firms which support mobility and technology start-ups.
This report is part of a series which highlights the activities of the largest European and U.S. automotive suppliers as related to autonomous, connectivity, mobility and HMI technology from January 2019 through July 2020. This report focuses on the activities of Valeo, Faurecia and Lear.
Other reports in the series:
Part 1: Bosch and Marelli
Part 2: Continental and Schaeffler
Part 3: ZF, Aptiv and Magna
[ATZ] Autonomous Driving and AI - Risks and Opportunities (Aug. 2020)
Automotive World 2020: Robo-taxis, LiDAR, High-definition 3D map (Feb. 2020)
CES 2020: Changing the in-vehicle experience (Feb. 2020)
[VSI Labs] CES 2020 Show Report (Jan. 2020)
High-Performance Sensing Technology for Fully Autonomous Driving (Oct. 2019)